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RE: Snapchat Advertising is Coming. Are You Ready?
The stock seems to following early stages on facebook as well. IPO shoot up.. Drop down slowly drain the stock. Allow the big guys to accumulate so many shares at a fraction of the price and then it goes to the moon
The IPO was a classic insider pump and dump.
http://www.marketwatch.com/story/snapchat-founders-and-investors-sell-millions-of-shares-in-snap-ipo-2017-03-01
I agree like ever social media ipo.
I don't follow the stock but I think Snapchat can be a great tool for paid marketing as it offers super creative ways of engaging with customers